Alpha Real Estate Services (ATH:ASTAK) EBIT: €9.20 Mil (TTM As of Dec. 2025)


ATH:ASTAK Alpha Real Estate Services SA ATH:ASTAK
72 GF Score
Price €7.50
GF Value €12.38
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Alpha Real Estate Services EBIT?

Alpha Real Estate Services ATH:ASTAK 72 EBIT is €9.20 Mil as of Dec. 2025. GuruFocus rates ATH:ASTAK with a GF Score™ of 72/100 and a GF Value™ of €12.38 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Alpha Real Estate Services's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €6.67 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €9.20 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Alpha Real Estate Services's annualized ROC % for the quarter that ended in Dec. 2025 was 90.75%. Alpha Real Estate Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 220.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Alpha Real Estate Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 19.04%.

Alpha Real Estate Services  (ATH:ASTAK) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Alpha Real Estate Services's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=18.85 * ( 1 - 22.96% )/( (13.877 + 18.129)/ 2 )
=14.52204/16.003
=90.75 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=83.432 - 5.185 - ( 65.4 - max(0, 13.919 - 78.289+65.4))
=13.877

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=81.516 - 5.138 - ( 58.249 - max(0, 6.941 - 76.336+58.249))
=18.129

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Alpha Real Estate Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=13.332/( ( (2.923 + max(-8.331, 0)) + (2.905 + max(6.28, 0)) )/ 2 )
=13.332/( ( 2.923 + 9.185 )/ 2 )
=13.332/6.054
=220.22 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.282 + 0 + 0.98099999999999) - (5.185 + 0 + 8.409)
=-8.331

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.965 + 0 + 0.90599999999999) - (5.138 + 0 + 1.453)
=6.28

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Alpha Real Estate Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=9.197/48.315
=19.04 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Alpha Real Estate Services EBIT Related Terms

Alpha Real Estate Services EBIT Historical Data

* Premium members only.

The historical data trend for Alpha Real Estate Services's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Alpha Real Estate Services EBIT Chart

Alpha Real Estate Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 2.82 2.09 6.14 9.20

Alpha Real Estate Services Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.88 0.99 5.14 2.53 6.67

ATH:ASTAK vs CBRE, BEKE, CSGP: EBIT Comparison

For the Real Estate Services subindustry, Alpha Real Estate Services's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Alpha Real Estate Services EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Alpha Real Estate Services's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Alpha Real Estate Services's EV-to-EBIT falls into.


ATH:ASTAK
72GF Score
Alpha Real Estate Services SA ATH:ASTAK
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpha Real Estate Services EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €9.20 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €9.20 Mil mean?
Alpha Real Estate Services (ATH:ASTAK) has a EBIT of €9.20 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Alpha Real Estate Services.
Is Alpha Real Estate Services' EBIT too high?
Alpha Real Estate Services' current EBIT is €9.20 Mil. Overall, Alpha Real Estate Services has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alpha Real Estate Services' EBIT compare to CBRE and BEKE?
Alpha Real Estate Services' EBIT of €9.20 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Real Estate company?
A good EBIT depends on the Real Estate industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Alpha Real Estate Services. Alpha Real Estate Services's current EBIT is €9.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Real Estate Services stock overvalued right now?
Based on GuruFocus' analysis, Alpha Real Estate Services (ATH:ASTAK) is currently considered Significantly Undervalued. The stock's GF Value™ is €12.38, compared to a current price of €7.50 — trading 39.4% below its estimated fair value. The current EBIT is €9.20 Mil. Alpha Real Estate Services' overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Alpha Real Estate Services (ATH:ASTAK), the current EBIT is €9.20 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Alpha Real Estate Services (ATH:ASTAK) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha Real Estate Services stock appears to be undervalued. The current stock price of €7.50 is trading 39.4% below its estimated GF Value™ of €12.38. GuruFocus considers Alpha Real Estate Services to be Significantly Undervalued.

Key valuation signals for ATH:ASTAK:

  • EBIT: €9.20 Mil
  • GF Value™: €12.38 vs. price of €7.50 (39.4% below fair value)
  • GF Score™: 72/100 with 3 warning signs

No single metric tells the full story. See the ATH:ASTAK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Alpha Real Estate Services Business Description

Address Stadiou 24, Athens, GRC, 10561
Alpha Real Estate Services SA is engaged in the management and exploitation of properties owned by it or third parties, the provision of technical advice on related matters, the provision of real estate and brokerage services, the preparation of studies of all kinds, the provision of general advice on the above matters, the carrying out of assessments and valuations of assets and mechanical equipment and in general assessments on behalf of third parties on related matters.
72GF Score

Get the complete analysis for ATH:ASTAK

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.50
Price
€12.38
GF Value